Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Global Dentures Market Analysis & Forecast to 2024-2034" report has been added to ResearchAndMarkets.com's offering.
The global dentures market, valued at USD 2.31 billion in 2023, is experiencing substantial growth and is projected to escalate to an impressive USD 4.59 billion by 2034, progressing at a compound annual growth rate (CAGR) of 6.45%. Critical factors propelling this market surge include the increasing prevalence of periodontal diseases, edentulism, and a heightened emphasis on cosmetic dentistry among younger demographics.
Advancements in Digital Dentures Boosting Market Potential
Transformation in the industry is primarily driven by advancements in digital technologies such as Computer-Aided Design (CAD), 3D printing, and Computer-Aided Manufacturing (CAM). These innovations contribute toward precision, durability, and user convenience. A benchmark in this trajectory was set by Stratasys Ltd with the introduction of TrueDent, the revolutionary monolithic, full-color 3D printed permanent dentures solution approved by the FDA.
Market Segmentation Insights
- Complete Dentures Segment Leads Market Growth: The market is dominated by the complete dentures segment due to rising edentulism cases and an aging population.
- Partial Dentures Termed the Fastest Growing Segment: An uptick in demand for partial dentures, driven by increasing incidences of tooth loss, is contributing to this segment's growth.
- Removable Dentures Dominate Usage Category: Removable dentures, due to their cost and operational benefits, lead the market over fixed alternatives.
- Fixed Dentures Anticipated to Make Significant Strides: Given the natural appearance and functional advantages, fixed dentures are predicted to grow quickly in popularity.
- Dental Hospitals & Clinics Register Maximum Revenue: A well-established network of dental professionals and increasing collaborations contribute to this segment’s dominance in the market.
- Dental Laboratories Poised for Rapid Growth: Adoption of 3D printing and digital tools positions dental laboratories on a steep growth trajectory.
Regional Analysis: Europe and North America Lead With Substantial Growth
Europe maintains the top spot in the dentures market share, with high investments and technological advancements propelling growth in the region. North America follows closely, forecasted to grow at the fastest CAGR owing to an increase in healthcare spending, dental services utilization, and public awareness of dentures benefits.
The analysis also deep-dives into other regions including Asia Pacific, Latin America, and the Middle East & Africa, providing a comprehensive geographical landscape of the market.
Key Attributes
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2023-2034 |
Estimated Market Value (USD) in 2023 | $2.31 Billion |
Forecasted Market Value (USD) by 2034 | $4.59 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
Companies Mentioned
- Modern Dental Group Limited
- Mitsui Chemicals Inc. (Kulzer GmbH)
- SHOFU INC.
- Dentsply Sirona
- VITA Zahnfabrik
- Zimmer Biomet
- JH Dental Care
- Ivoclar Vivadent
For more information about this report visit https://www.researchandmarkets.com/r/cgc5pb
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